Compass Group (LON:CPG) had its price target cut by Citigroup from GBX 2,200 ($28.94) to GBX 1,620 ($21.31) in a research note released on Tuesday morning, Stock Target Advisor reports. They currently have a buy rating on the stock.
Several other analysts have also issued reports on CPG. JPMorgan Chase & Co. dropped their target price on Compass Group from GBX 2,040 ($26.84) to GBX 1,920 ($25.26) and set an overweight rating on the stock in a report on Tuesday, March 17th. Berenberg Bank upped their target price on Compass Group from GBX 2,050 ($26.97) to GBX 2,200 ($28.94) and gave the stock a buy rating in a report on Friday, January 17th. Deutsche Bank dropped their target price on Compass Group from GBX 1,850 ($24.34) to GBX 1,200 ($15.79) and set a hold rating on the stock in a report on Wednesday, March 18th. Barclays reiterated an equal weight rating on shares of Compass Group in a report on Friday, February 21st. Finally, Goldman Sachs Group upgraded Compass Group to a buy rating and dropped their target price for the stock from GBX 1,800 ($23.68) to GBX 1,600 ($21.05) in a report on Wednesday, March 18th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 1,761.43 ($23.17).
Shares of Compass Group stock opened at GBX 1,203.75 ($15.83) on Tuesday. The firm has a market cap of $19.72 billion and a price-to-earnings ratio of 17.22. The stock’s 50-day moving average is GBX 1,616.51 and its 200-day moving average is GBX 1,873.02. Compass Group has a one year low of GBX 20.62 ($0.27) and a one year high of GBX 2,150 ($28.28). The company has a debt-to-equity ratio of 115.32, a current ratio of 0.76 and a quick ratio of 0.63.
In other Compass Group news, insider John Bason acquired 1,212 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average price of GBX 1,729 ($22.74) per share, for a total transaction of £20,955.48 ($27,565.75).
About Compass Group
Compass Group PLC, through its subsidiaries, operates as a food and support services company in North America, Europe, and internationally. It serves business and industry; healthcare and senior living market; education; sports and leisure; and defense, offshore, and remote sectors. The company also offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.
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